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Norwich s Panda bar which is for sale for £395,000.
- Credit: Christie & Co
A Norwich bar that was taken over by a tax expert a year ago with the aim of reinvigorating part of the city is up for sale for £395,000.
Jon Hook.
- Credit: Archant
The former Panda and Taphouse bar in Redwell Street was taken on by Jon Hook in January 2020 before Covid struck. Mr Hook, who runs Norwich Accountancy Services, urged people to support his new venture.
But he said he had pulled out because the building, over three floors, needed considerably more work than first anticipated.
He said he managed to drive down the crippling business rates - blamed for Panda s closure in 2019 - from around £60,000 a year to £40,000. He was also attempting to get a bigger reduction and successfully gained a licence from the city council after having to reapply last year.